Gold Prices Pause After 7 Day Rally

Gold Prices Pause

Gold Prices Pause After 7 Day Rally by FxPremiere Group Forex Signals SMS & email delivery.
Talking Points by FxPremiere Group:

Gold Prices Stall After 7 Day Rally.
Technically Gold Consolidates With Bars inside seen on charts
Capital Markets Sentiment Figures Remain Mixed, Reading at +1.37
Gold prices have risen for seven days and now retreating in today’s forex signals trading as the US Dollar short term continues This move has been predicted on US CPI data falling in line with analysis today at 2.11%. As we see Gold prices consolidates, forex signal traders may continue to watch technical levels to determine the direction of the Gold indicie. Gold Prices Pause After 7 Day Rally.

Live Fx Signal Services

Forex Technically traders should notice that gold prices are setting an inside bar, breakout to a new high and or low for forex signals FxPremiere Groups analysis on today’s session. This means FX traders may use daily bar from yesterday as a reference for FX values of support alongside resistance. Bullish daily breakouts may be planned above Tuesday’s high at $1,217.77, while bearish breakouts.

Gold Price Inside Bar Chart on DAILY Chart.

Gold Prices Pause After 7 Day Rally

Gold Prices Pause After 7 Day Rally

Fx Signals

Asian Markets – Intraday, gold prices continue to range after testing support at today’s S 3 pivot at a price of $1,211.98. If prices drops to value of support, gold may continue to head towards resistance levels noticeably seen. R3 pivot is displayed below at $1,220.68. A move to this value should be seen as significant as inside bar pattern on.Gold Prices Pause After 7 Day Rally. see Crude Oil Prices .

FxPremiere Group

If Gold prices do fall further, bearish breakouts for the metal may be easily noticed on the intra-day under the S4 pivot at $1,207.50. An intra-day bearish breakout significantly seen, as it would be just the first try of a bearish breakout.

Gold Price on a 30 Minute Chart alongide Pivot Movement range

Gold Prices Pause After 7 Day Rally

Gold Prices Pause After 7 Day Rally

Forex Scalping Strategy is a smart technique used however many brokers do not allow this method.

Forex Money Management is something you should consult your Financial Advisor with before trading Live.

best forex broker worldwide is VIP account by FxPremiere Group.

Candlestick Trading is a smart method of trading used on USD/JPY heavily.

So Join our Forex Signal Subscription NOW.

%d bloggers like this: